Total Wealth Planning & Management Inc. acquired a new position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,890 shares of the basic materials company's stock, valued at approximately $417,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mizuho Bank Ltd. purchased a new position in CF Industries during the fourth quarter worth $26,000. Heck Capital Advisors LLC purchased a new stake in CF Industries during the 4th quarter worth about $34,000. Creative Financial Designs Inc. ADV raised its stake in CF Industries by 50.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock valued at $41,000 after purchasing an additional 161 shares during the last quarter. Asset Planning Inc purchased a new position in CF Industries in the 4th quarter valued at about $44,000. Finally, Arlington Trust Co LLC grew its holdings in shares of CF Industries by 422.0% during the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock worth $49,000 after buying an additional 460 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company's stock.
CF Industries Trading Down 0.1%
NYSE:CF traded down $0.05 on Wednesday, hitting $91.49. 1,653,445 shares of the stock were exchanged, compared to its average volume of 2,138,554. The stock has a fifty day moving average of $79.37 and a 200-day moving average of $83.64. The stock has a market cap of $15.51 billion, a PE ratio of 13.51, a PEG ratio of 0.37 and a beta of 0.94. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $98.25.
CF Industries (NYSE:CF - Get Free Report) last issued its earnings results on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.38. The business had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.53 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The company's revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 EPS. As a group, equities analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.
CF Industries declared that its board has authorized a stock buyback plan on Wednesday, May 7th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the basic materials company to reacquire up to 14.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.
CF Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.00 annualized dividend and a yield of 2.19%. CF Industries's dividend payout ratio is currently 26.35%.
Analyst Upgrades and Downgrades
CF has been the topic of a number of analyst reports. Morgan Stanley decreased their target price on shares of CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a research report on Friday, April 11th. UBS Group increased their price target on CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a research note on Thursday, May 8th. Wells Fargo & Company lifted their price objective on CF Industries from $96.00 to $98.00 and gave the company an "overweight" rating in a research report on Monday, May 12th. Oppenheimer lowered CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 22nd. Finally, BNP Paribas upgraded CF Industries to a "strong-buy" rating in a research report on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, CF Industries has a consensus rating of "Hold" and an average price target of $90.21.
View Our Latest Report on CF Industries
CF Industries Company Profile
(
Free Report)
CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.
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